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Landmark conference marks 20th anniversary of invasion of Iraq
KUWAIT: Georgetown University in Qatar (GU-Q)’s three-day conference, “The Invasion of Iraq: Regional Reflections,” opens on Thursday, September 14, with discussions on the multifaceted impacts of the conflict and its repercussions for global diplomacy. Former president of the Republic of Iraq, Dr Barham Salih, is set to deliver a distinguished keynote address and share further insights in a conversation with Peter Harling, founder and...
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Kuwait stresses the importance of Arab Parliaments summit
DOHA: The Secretary-General of the Kuwait National Assembly, Khalid Abu Salib, has stressed the importance of the 10th annual conference of the Association of Secretaries-General of Arab Parliaments in its 43rd meeting, as it contributes to strengthening joint Arab action and developing Arab parliamentary relations. In a statement to KUNA, Abu Salib said after the opening session that the General Secretariat of the Assembly played a pioneering...
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S Sudan lauds Kuwait humanitarian efforts
KUWAIT: Kuwait Minister of Foreign Affairs Sheikh Salem Abdullah Al-Jaber Al-Sabah met with Minister of Humanitarian Affairs and Disaster Management of South Sudan, Albino Akol Atak.During the meeting, Minister Akol Atak praised Kuwait’s humanitarian efforts, stressing that these great efforts made by Kuwait at the official and civil levels are appreciated. The two sides discussed joint international efforts towards supporting humanitarian work...
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Kuwait ambassador and Iraq Defense minister discuss ties
By B Izzak and agenciesKUWAIT: Kuwait Ambassador to Iraq Tariq Al-Faraj on Tuesday discussed with Iraqi Minister of Defense Thabet Al-Abbasi the bilateral relations and ways to develop them. The meeting dealt with several files of common interest and the mechanisms for enhancing cooperation between the two countries and serving the interests of the two brotherly peoples, Ambassador Al-Faraj told said. The Iraqi minister asked Al-Faraj to convey...
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Al-Safat Investment adds ‘market maker’ activities to its objectives
KUWAIT: During the postponed extraordinary general assembly of Al-Safat Investment Company, an important amendment to the company’s statute was approved. This amendment, proposed by the company’s Board of Directors, allows the company to engage in “market maker” activities for listed shares, in accordance with the technical rules governing this process. The Assembly, held with 53.362 percent of its members present, voted to amend article...
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Visa, NBK announce winners of first Kuwait edition of She’s Next program
KUWAIT: Visa (NYSE: V), the world’s leader in digital payments, together with National Bank of Kuwait announced Yasmeen Al-Kandari and Yuser Al-Mutawa from “Seeds” as the much-anticipated winner of its first She’s Next grant program for Kuwait. The winner was selected at an award ceremony held at NBK headquarters branch, Kuwait City.Handpicked from a pool of over 880 applicants, the winning women-owned small business in Kuwait will...
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Euromoney: Boubyan ‘The World’s Best Islamic Structured Products House’
KUWAIT: Boubyan Bank received another award as a part of Euromoney’s international awards to banks in Kuwait and the region, where the bank was named “The World’s Best Islamic Structured Products House 2023”. This emphasizes the bank’s leadership in acquiring a share of corporate finance in the Kuwaiti market, and reinforcing its competitive abilities to offer outstanding financing solutions and products to corporate customers.The...
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Kuwait Airways board of directors holds first meeting
KUWAIT: Kuwait Airways’ new board of directors held its first meeting at the company’s headquarters, headed by the Chairman of the Board of Directors of Kuwait Airways, Captain Abdulmohsen Salem Alfagaan, and in the presence of the members of the board comprising Dr Amani Khaled Boresli, Abdulaziz Abdullah Alhumaidhi, Omar Mohammad Alomar, Salem Bader Al-Shatti, Mohammad Mannaa Alenezi, and Ali Haidar Khajah. The meeting ended with the...
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Kuwait’s financial wealth to reach $302 billion by 2027: BCG report
KUWAIT: Kuwait’s financial wealth is anticipated to experience a steady compound annual growth rate (CAGR) of 2.7 percent in new wealth, rising to $302 billion by 2027, according to a new report by Boston Consulting Group (BCG). The BCG report, titled ‘Global Wealth Report 2023: Resetting the Course,’ reveals that equities and investment funds in Kuwait continue to make up the largest asset class at 57 percent of total personal wealth in...
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Gulf Bank enters a partnership with Transcrate Int’l Logistics
KUWAIT: As part of its ongoing efforts to support Small and Medium Enterprises (SMEs), Gulf Bank has entered into a strategic partnership with Transcrate, a leading international logistics company, to provide its premium services to the Bank’s SMEs customers at discounted rates. Transcrate International Logistics will provide Gulf Bank’s SMEs customers with a range of services that would help them expand their businesses, meet the...
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Oula Fuel partners with banks, KNET for GCCPOS card acceptance
KUWAIT: Oula Fuel has become the pioneering fuel station chain in Kuwait by enabling visitors with debit cards from Gulf Cooperation Council (GCC) member banks to make payments. This marks the first instance in Kuwait where GCCPOS debit cards are accepted at fuel stations, as announced by The Shared Electronic Banking Services Company ‘KNET’.Esam Alkheshnam, the Chief Executive Officer at KNET stated: “This step underscores KNET’s crucial...
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Taylor Swift ties record for most VMA wins in one night
Taylor Swift cleaned up at Tuesday’s MTV Video Music Awards and won the evening’s top trophy, as Shakira accepted the night’s prestigious Video Vanguard honor with a hip-shaking, career-spanning performance. Swift continued her global reign by scooping awards including Best Song, Best Pop and Best Direction, as well as the top competitive award for Video of the Year, which she won for her hit “Anti-Hero.” Turn-of-the-millennium teen...